Form 4: GMS Inc. CEO John C. Turner, Jr. Sells Shares
SEC Form 4 Filing
GMS Inc. CEO John C. Turner, Jr. sold 6,266 shares of common stock at a weighted average price of $97.58 on March 21, 2024.
Summary
- On March 21, 2024, John C. Turner, Jr., the President and CEO of GMS Inc., sold 6,266 shares of GMS common stock.
- The sale was executed at a weighted average price of $97.58 per share.
- Following the transaction, Turner directly owns 48,074 shares of GMS Inc.
- The shares were sold in multiple transactions at prices ranging from $97.44 to $97.72, inclusive.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of the transaction: John C. Turner, Jr. sold 6,266 shares of GMS Inc. common stock. |
| 03/22/2024 | Date of signature on the Form 4 filing. |
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